Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • Poorlyone
    • By Poorlyone 4th Jul 18, 2:41 PM
    • 16Posts
    • 1Thanks
    Poorlyone
    Frightened of doing the wrong thing!
    • #1
    • 4th Jul 18, 2:41 PM
    Frightened of doing the wrong thing! 4th Jul 18 at 2:41 PM
    Hello
    I have a metlife secure retirement pension with a total of 175,000 in it.
    It has what it calls a secure income base of 139720 which guarantees to pay out 3.5 per cent as a pension At age 60.
    I suffer from extreme anxiety ,agoraphobia and am terrified of seeing an adviser.
    I have about 6-10 years left before i intend drawing this pension, and am low to medium risk. Should i be looking elsewhere ? ( i believe this fund is no lomger available to new investors)

    Thanks
Page 1
    • Brynsam
    • By Brynsam 4th Jul 18, 2:48 PM
    • 1,676 Posts
    • 1,232 Thanks
    Brynsam
    • #2
    • 4th Jul 18, 2:48 PM
    • #2
    • 4th Jul 18, 2:48 PM
    How old are you? What other savings do you have?
    • Poorlyone
    • By Poorlyone 4th Jul 18, 2:53 PM
    • 16 Posts
    • 1 Thanks
    Poorlyone
    • #3
    • 4th Jul 18, 2:53 PM
    • #3
    • 4th Jul 18, 2:53 PM
    Hi there
    I am 54. I have about 150 thousand in other savings, thanks
    • Terron
    • By Terron 4th Jul 18, 4:15 PM
    • 339 Posts
    • 287 Thanks
    Terron
    • #4
    • 4th Jul 18, 4:15 PM
    • #4
    • 4th Jul 18, 4:15 PM
    My advisor visits me at my home. Would that not work for you?
    • dunstonh
    • By dunstonh 4th Jul 18, 4:34 PM
    • 95,823 Posts
    • 63,531 Thanks
    dunstonh
    • #5
    • 4th Jul 18, 4:34 PM
    • #5
    • 4th Jul 18, 4:34 PM
    Many advisers can also do remote advice and never meet it person. email. client portals etc.

    And if you dont have anxiety asking strangers on the internet then employing an adviser and using internet for communication should be fine.
    Should i be looking elsewhere ?
    A question that strangers on an internet forum cannot answer. Its a specialist investment option. Typically one used for a very small niche. It also had different versions in the period it was available and differing terms. So, without proper analysis of the product and version you have vs alternatives based on your needs and situation, you are going to find it hard to get any decent info on it.
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

3,426Posts Today

5,517Users online

Martin's Twitter